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Gasoline must stay above $6 in U.S. for real pain, Kevin O'Leary notes
Kevin O'Leary, industry influencer, addresses the impact of gasoline prices in the U.S. market. He points to historical trends, arguing that the real pressure point is when U.S. domestic gasoline climbs above $6, which would require oil prices to remain over $95 for at least three months.
O'Leary recounts that the current period marks the 60th day in this price environment, suggesting the situation remains in progress.
O'Leary has previously commented on the importance of oil transport, stating that stable flows through the Strait of Hormuz could generate billions in market value as stability reduces risk. He has also attributed shifts in real estate investment to tax policies driving capital from New York to Miami Beach. These remarks add context to his current focus on U.S. gasoline price pressures.
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